Hunan Huasheng Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 20, 2022 at 04:08 am EDT
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Hunan Huasheng Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 914.29 million compared to CNY 901.06 million a year ago. Revenue was CNY 930.37 million compared to CNY 913.54 million a year ago. Net loss was CNY 70.23 million compared to net income of CNY 33.23 million a year ago. Basic loss per share from continuing operations was CNY 0.1747 compared to basic earnings per share from continuing operations of CNY 0.0826 a year ago. Diluted loss per share from continuing operations was CNY 0.1747 compared to diluted earnings per share from continuing operations of CNY 0.0826 a year ago.
Hunan Huasheng Co., Ltd. is a China-based company primarily engaged in the production and sales of ramie textiles. The Company is also engaged in the pharmaceutical machinery manufacturing, trading and real estate businesses. The Company's main products include ramie, linen, hemp yarns, fabrics and apparels, home textiles, industrial textiles and modern pharmaceutical equipment. The Company mainly distributes its products in overseas markets.